Allowed

Northern Natural Gas allowed a System Overrun Limitation for all market-area zones to expire Friday after it had been in effect for the previous three days.

President Obama signed a memorandum last Tuesday that changes the course on a Bush-era regulation that allowed federal agencies to proceed with projects without consulting with the U.S. Fish and Wildlife Service (FWS) and the National Marine Fisheries Service (NMFS) about potential harm to endangered or threatened species and plants as required by the Endangered Species Act (ESA).

President Obama signed a memorandum Tuesday that changes the course on a Bush-era regulation that allowed federal agencies to proceed with projects without consulting with the U.S. Fish and Wildlife Service (FWS) and the National Marine Fisheries Service (NMFS) about potential harm to endangered or threatened species as required by the Endangered Species Act (ESA).

It appears the natural gas bulls aren’t even allowed to hold on to a shred of price rebound hope as the recent signs of a firming crude futures market were proved incorrect Tuesday by a more than $4/bbl drop. Faced with the economic recession, plenty of gas and a forecasted warm-up in temperatures, February natural gas futures traded a slim 12.8-cent range before closing at $4.503, up 1.3 cents from Monday’s finish.

FERC Thursday upheld its October remand order that allowed Dominion Cove Point LP and Dominion Transmission Inc. to complete an expansion of a liquefied natural gas (LNG) import terminal on Maryland’s eastern shore and associated pipeline facilities, while at the same time barring the delivery of additional regasified LNG volumes to Washington Gas Light’s (WGL) distribution system to shield it from further leaks.

For the second time in three months Alberta has sent a message that fear will not be allowed to crumble a cornerstone of its natural gas supplies: “sour” reserves laced with lethal hydrogen-sulphide.

For the second time in three months Alberta has sent a message that fear will not be allowed to crumble a cornerstone of its natural gas supplies: “sour” reserves laced with lethal hydrogen-sulphide.

Florida Gas Transmission did not extend an Overage Alert Day for market-area customers beyond Tuesday.

Significantly below-normal temperatures in a number of regions of the United States allowed a vast majority of natural gas cash market points on Wednesday to add to the gains established on Monday and Tuesday, while a few eastern and Gulf Coast points recorded declines of a few pennies to almost a quarter.